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and energy expansion cancelling preparations for a g8 summit in sochi, russia are temporary and could be reveersed. if the united states and its western allies hit russia with economic sanctions or deny moscow access to global financial networks and key international bank accounts the damage to the russian economy could be longlasting and it could put u.s.-russian relations in the deepest, most confrontational stance they've been in the entire obama presidency. some believe putin has overplayed his hand and will not fire shots in crimea and will not move his forces into less friendly parts of ukraine. with canada great britain, france, and germany all against russia moscow's own status in the g8 is also in jeopardy. these nations are also preparing, along with the united states, an economic package to rescue the transitional and fragile government in ukraine itself. the united states doesn't need or want to punish russia necessarily for this violation of the international law. it wants moscow to back off and ease the tensions. right now, as elizabeth palmer ju
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